The point elasticity of demand at a point on the demand curve is:

Question

Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

Share:

Correct answer

Percentage change in quantity demanded / Percentage change in price

Save this question and verified answer as a clean study sheet with live clickable link.

👥

Challenge your peer aspirants on WhatsApp or Telegram to solve this question!

Online Test Series

Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.

Chapter Practice

Want more practice questions on Economics?

Solve complete topic-wise tests with detailed solutions on GkGet.

Recommended practice questions in Economics · Economics

Which of the following organizations was instrumental in advocating for the abolition of Sati in India?

Who was the first President of independent India?

Who among the following was the founder of the 'Gadar Party'?

Answer 1

Percentage change in quantity demanded / Percentage change in price

Answer 2

Percentage change in price / Percentage change in quantity demanded

Answer 3

Change in quantity demanded / Change in price

Answer 4

Change in price / Change in quantity demanded

Related Practice Questions